OM:NOBIConsumer Durables
Assessing Nobia (OM:NOBI) Valuation After UK Exit Plan And SEK 1.5b Rights Issue
Why Nobia’s rights issue and UK exit matter for shareholders
Nobia (OM:NOBI) is overhauling its business by selling its UK operations, refocusing on Nordic markets, and raising approximately SEK 1.5b through a rights issue, together with new loan agreements and planned capital structure changes.
See our latest analysis for Nobia.
The rights issue, UK exit and refinancing have come against a weak share price backdrop, with a 7 day share price return of 27.12% decline and a 5 year total...